Copley Financial Group Inc. purchased a new stake in VanEck Semiconductor ETF (NASDAQ:SMH – Free Report) in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 75,328 shares of the company’s stock, valued at approximately $49,407,000. VanEck Semiconductor ETF comprises approximately 23.9% of Copley Financial Group Inc.’s portfolio, making the stock its biggest position. Copley Financial Group Inc. owned 0.06% of VanEck Semiconductor ETF as of its most recent filing with the SEC.
Several other large investors also recently made changes to their positions in the business. Allied Private Wealth LLC acquired a new position in VanEck Semiconductor ETF in the second quarter worth approximately $26,000. MassMutual Private Wealth & Trust FSB acquired a new stake in shares of VanEck Semiconductor ETF during the 2nd quarter valued at $30,000. Investment Counsel Co. of Nevada acquired a new stake in shares of VanEck Semiconductor ETF during the 4th quarter valued at $35,000. Core Wealth Advisors LLC acquired a new stake in shares of VanEck Semiconductor ETF during the 4th quarter valued at $36,000. Finally, Resources Management Corp CT ADV bought a new stake in shares of VanEck Semiconductor ETF during the 1st quarter worth $38,000.
VanEck Semiconductor ETF Stock Up 0.4%
Shares of NASDAQ SMH opened at $552.60 on Friday. VanEck Semiconductor ETF has a 12 month low of $284.30 and a 12 month high of $671.83. The company has a market cap of $69.43 billion, a price-to-earnings ratio of 34.83 and a beta of 1.73. The business has a fifty day simple moving average of $574.48 and a 200-day simple moving average of $520.84.
VanEck Semiconductor ETF Profile
The VanEck Semiconductor ETF (SMH) is an exchange-traded fund that is based on the MVIS US Listed Semiconductor 25 index, a market-cap-weighted index of 25 of the largest US-listed semiconductors companies. SMH was launched on May 5, 2000 and is managed by VanEck.
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